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Whales resume shorting Bitcoin at $65K — Tracking BTC’s next move Ambcrypto 26 sept. 2024

Whales resume shorting Bitcoin at $65K — Tracking BTC’s next move 🐋

Bitcoin whales have resumed shorting the cryptocurrency at the $65,000 price level. This behavior indicates a bearish sentiment among large holders.

However, analysts point to strong support levels that could pave the way for future gains. These support levels are crucial in determining Bitcoin's next move.

The market's dynamics suggest that while short-term bearish action is ongoing, the potential for a rebound remains.

Source : ambcrypto.com ↗

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